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Auction results of 4,75% GRDS issued on 1.1.2003 (5th tranche issue dated 10.4.2003)

Wednesday, 9 April 2003

An auction was held on 9.4.2003 for the sale by the Central Bank of Cyprus, for and on behalf of the Government of the Republic of Cyprus, of upto £45.000.000 4,75% Government Registered Development Stock with date of issue 1.1.2003 and maturity in five years.

The total value of the bids submitted was £65.879.400; competitive bids amounted to £61.483.400 while non-competitive bids to £4.396.000. 

No bids were accepted.